Where Does Wall Street Think MINISO Group Holding Ltd

InvestorsObserver is giving MINISO Group Holding Ltd - ADR (MNSO) an Analyst Rating Rank of 75, meaning MNSO is ranked higher by analysts than 75% of stocks. The average price target for MNSO is $33.5 and analyst’s rate the stock as a Strong Buy.

Wall Street analysts are rating MNSO a Strong Buy today. Find out what this means to you and get the rest of the rankings on MNSO!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With MINISO Group Holding Ltd - ADR Stock Today?

MINISO Group Holding Ltd - ADR (MNSO) stock is trading at $15.58 as of 10:42 AM on Monday, Aug 9, a decline of -$0.26, or -1.64% from the previous closing price of $15.84. The stock has traded between $15.07 and $15.78 so far today. Volume today is less active than usual. So far 190,232 shares have traded compared to average volume of 702,054 shares. Click Here to get the full Stock Report for MINISO Group Holding Ltd - ADR stock.